Tags » Recession

Trump's spring will provide no breaks after ObamaCare fiasco

After Friday’s fiasco on the ObamaCare vote I believe we will see the beginning of the Trump dump.

This may take equity markets down as much as 20% from the post-election highs as a “Do-Nothing” Congress stymies the White House at any move. 331 more words

Economy

Why This Market Needs To Crash, And likely will, by Chris Martenson

This article’s conclusions are nothing you haven’t heard from SLL and its guest posters, but it is well reasoned and well supported. From Chris Martenson at peakprosperity.com: 349 more words

Debt

Rise Above Recession By Receiving The Gains Of Recession.

R. Resilience building time, hard time imbues in us the capacity to endure. We are made tough for all other life challenges.

E- EMPOWERMENT TIME… 475 more words

Recession

Markets running a fever (chart) over health care vote

The health care debate will rule the news cycle today as well as equity markets.

The repeal of ObamaCare has become a proxy for the Trump Administration’s ability to get other meaningful measures accomplished this year including tax cuts across the board. 286 more words

Economy

The Billy Index

I hesitate to write about current affairs, given that last week I devoted 700 words to the Budget on Tuesday, only for the Chancellor to change his mind – and cause a re-write – on Wednesday. 785 more words

Lampert's retail experiment implodes. Sears down 93% under his leadership

Hedge fund titan and failed retail exec Eddie Lampert finally admitted Wednesday what I have been saying for some time, Sears & Kmart are in trouble and may not make it. 271 more words

Economy

Investors on the hook -- literally -- for subprime car loans

Yesterday, I wrote about the looming debt crisis in student loans and how the default numbers were escalating.

I said then that after 2008-2009 Great Recession how Wall Street moved out of the mortgage paper selling sector and moved into the less regulated student and car loans, since these debt instruments did not fall under any regulation coming out of Dodd/Frank or other initiatives coming out of Washington at the time. 351 more words

Economy